System Update

Well it looks like we found out where were at with the past weeks trading. My opinion is that were going to be in a range bound enviorment for the next 3-4 months. The markets decline the past week was not a hiccup it was a major move that is going to take sometime before it can get digested. I think the Dow still has a 100-200 point move higher in the near term but will likely turn lower from there. The system remains bullish and I'll update you should there be any changes.